Category: Cryptocurrency

June 01, 2023 BY Steffy Bogdanova secures payment institution license from MAS

Kris Marszalek, CEO of, said: The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector. We are proud to receive the licence from a regulator that prioritizes consumer protection, safety, and security. We look forward to continuing to collaborate with MAS and leading at…

Read more
May 25, 2023 BY Steffy Bogdanova

TP ICAP’s marketplace for spot cryptoassets goes live

The newly introduced platform combines TP ICAP's in-house over-the-counter electronic platform, Fusion, with the institutional-grade custodial expertise of Fidelity Digital Assets. Leveraging TP ICAP's order matching and trade execution technology, the exchange benefits from the extensive liquidity derived from the firm's diverse global client base. At present, the venue offers trading in Bitcoin and Ether…

Read more
May 24, 2023 BY Steffy Bogdanova

OKX applies for DASP license in France

According to the official announcement, France has turned into a European hub for OKX because of its transparent regulatory framework, as well as its high concentration of crypto enthusiasts and experienced traders, and the qualified workforce available. Over the years, OKX has grown its international compliance team and has worked on further developing its approach…

Read more
May 19, 2023 BY Steffy Bogdanova

TradingView expands partnership with Binance with Spot trading

The official announcement detailed that Binance, who was launched in 2017, today has a daily spot volume of around $20B, 1,400 spot pairs to trade. With the newly announced integration of Binance’s Spot trading, TradingView now supports trading of 350 tokens including well known once like Bitcoin and Ethereum and alternative tokens such as ApeCoin…

Read more
May 18, 2023 BY Steffy Bogdanova

The FedNow digital USD to be released in July 2023

Conspiracy theories A digital currency could allow countries to bypass traditional payment systems and engage direct trade with the US and by doing so, reduce the role of intermediaries like banks. Some have suggested that a digital currency could allow the US to default on its debt without actually defaulting. This could be possible if…

Read more
May 15, 2023 BY Steffy Bogdanova

Binance exists Canadian market due to strict crypto rules

The Canadian Securities Administrators (CSA) issued a notice categorizing stablecoins as 'securities and/or derivatives’ in December last year. This classification has imposed restrictions on regulated crypto exchanges in Canada, preventing them from providing services involving stablecoins, which constitute a significant portion of the industry. Additionally, Canada, particularly the regulatory authority in Ontario, the regulatory body…

Read more
May 11, 2023 BY Steffy Bogdanova

Binance looks for regulation in the UK

Previously, Binance had a conflict with UK regulators who suggested that the exchange was incapable of being regulated due to its failure to provide necessary information about its business activities. In June 2021, the FCA banned Binance from undertaking any regulated activity in the country. The crypto exchange has faced scrutiny from US regulators this…

Read more
Bankruptcy chapter 11
May 09, 2023 BY Steffy Bogdanova

Crypto exchange Bittrex files for bankruptcy

As per the court documents, the bankruptcy petition includes Bittrex, Inc, which is based in Seattle, as well as two Bittrex entities located in Malta and an affiliated entity, Desolation Holdings LLC. However, the proceedings do not involve Bittrex Global GmbH, the Liechtenstein-based entity that provides non-US services. Bittrex has reported that over 100,000 creditors…

Read more
May 03, 2023 BY Steffy Bogdanova

Coinbase introduces international crypto exchange

However, the launch of the platform comes as US regulators tighten their grip on digital asset firms. Last month, Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC) for not providing guidance on the cryptocurrency industry using its formal rulemaking process. This was followed by the SEC sending a Wells notice to Coinbase,…

Read more